Pomanda estimates the enterprise value of NOVAFLEX LIMITED at £1.4m based on a Turnover of £2.7m and 0.53x industry multiple (adjusted for size and gross margin).
novaflex limitedEstimated Valuation
£894.7k
Pomanda estimates the enterprise value of NOVAFLEX LIMITED at £894.7k based on an EBITDA of £235.3k and a 3.8x industry multiple (adjusted for size and gross margin).
novaflex limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NOVAFLEX LIMITED at £0 based on Net Assets of £-4.9m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Novaflex LimitedOverview
Novaflex Limited is a live company located in birkenhead, CH41 5LH with a Companies House number of 06558300. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2008, it's largest shareholder is
z-flex (canada) inc.
with a 100% stake. Novaflex Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Novaflex Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
4 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£4m)
£2.7m - Novaflex Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8%)
8% - Novaflex Limited
8% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
38.3% - Novaflex Limited
38.3% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (5.6%)
4.1% - Novaflex Limited
5.6% - Industry AVG
Employees
with 14 employees, this is below the industry average (24)
14 - Novaflex Limited
24 - Industry AVG
Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
£49.9k - Novaflex Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £192.3k, this is more efficient (£153.8k)
£192.3k - Novaflex Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (39 days)
39 days - Novaflex Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (33 days)
44 days - Novaflex Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 278 days, this is more than average (29 days)
278 days - Novaflex Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Novaflex Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 326.2%, this is a higher level of debt than the average (60.5%)
326.2% - Novaflex Limited
60.5% - Industry AVG
NOVAFLEX LIMITED financials
EXPORT
Novaflex Limited's latest turnover from January 2024 is estimated at £2.7 million and the company has net assets of -£4.9 million. According to their latest financial statements, Novaflex Limited has 14 employees and maintains cash reserves of £45.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
2,692,476
2,769,447
2,085,502
2,151,930
1,775,247
1,818,311
1,981,322
1,682,253
1,226,765
1,478,224
1,539,919
1,416,638
1,286,390
846,284
618,862
Other Income Or Grants
Cost Of Sales
1,660,337
1,702,687
1,301,756
1,352,565
1,103,630
1,133,668
1,235,664
1,028,497
770,306
940,145
988,823
897,443
797,209
510,503
373,803
Gross Profit
1,032,139
1,066,760
783,746
799,365
671,617
684,642
745,659
653,756
456,459
538,079
551,095
519,195
489,181
335,781
245,059
Admin Expenses
920,801
1,354,158
958,688
872,099
1,060,553
884,680
447,120
1,803,159
750,515
688,261
435,965
1,091,097
1,146,830
957,170
979,156
Operating Profit
111,338
-287,398
-174,942
-72,734
-388,936
-200,038
298,539
-1,149,403
-294,056
-150,182
115,130
-571,902
-657,649
-621,389
-734,097
Interest Payable
447
3,149
2,370
1,521
1,362
511
1,184
721
Interest Receivable
2,260
1,563
142
40
312
432
229
60
87
112
117
93
89
140
59
Pre-Tax Profit
113,151
-288,984
-177,170
-74,216
-389,986
-199,606
298,258
-1,150,527
-294,690
-150,070
115,247
-571,809
-657,560
-621,249
-734,038
Tax
-28,288
-56,669
-26,507
Profit After Tax
84,863
-288,984
-177,170
-74,216
-389,986
-199,606
241,589
-1,150,527
-294,690
-150,070
88,740
-571,809
-657,560
-621,249
-734,038
Dividends Paid
Retained Profit
84,863
-288,984
-177,170
-74,216
-389,986
-199,606
241,589
-1,150,527
-294,690
-150,070
88,740
-571,809
-657,560
-621,249
-734,038
Employee Costs
698,258
616,392
631,032
596,396
590,739
448,584
386,970
423,500
381,807
417,636
456,585
407,802
370,787
251,699
201,077
Number Of Employees
14
13
14
14
14
11
10
11
10
11
12
11
10
7
5
EBITDA*
235,285
-202,973
-136,741
-27,273
-338,554
-145,227
358,078
-1,095,268
-249,472
-105,698
170,817
-507,584
-588,359
-595,086
-712,646
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
493,789
371,311
201,834
190,444
201,063
219,236
237,851
216,616
178,409
175,329
215,743
248,502
272,019
293,506
162,148
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
493,789
371,311
201,834
190,444
201,063
219,236
237,851
216,616
178,409
175,329
215,743
248,502
272,019
293,506
162,148
Stock & work in progress
1,269,130
1,322,988
967,159
749,173
757,634
676,915
670,163
644,624
532,335
580,534
526,953
517,300
360,581
321,522
269,340
Trade Debtors
290,617
401,889
309,958
257,467
186,171
294,887
328,638
256,302
140,477
142,347
186,962
132,592
124,479
86,115
69,587
Group Debtors
Misc Debtors
65,307
89,897
122,614
58,718
42,202
27,157
51,658
16,917
24,234
Cash
45,403
40,697
48,601
64,910
14,305
68,762
46,434
45,250
2,811
32,049
12,641
34,119
2,948
32,555
23,442
misc current assets
total current assets
1,670,457
1,855,471
1,448,332
1,130,268
1,000,312
1,067,721
1,096,893
963,093
699,857
754,930
726,556
684,011
488,008
440,192
362,369
total assets
2,164,246
2,226,782
1,650,166
1,320,712
1,201,375
1,286,957
1,334,744
1,179,709
878,266
930,259
942,299
932,513
760,027
733,698
524,517
Bank overdraft
7,948
66,294
9,534
40,348
15,713
22,187
Bank loan
Trade Creditors
203,114
137,037
60,623
197,009
102,876
43,206
120,872
44,931
26,328
135,360
94,773
161,645
199,651
115,461
66,419
Group/Directors Accounts
6,618,186
6,841,182
6,167,371
5,580,200
5,468,836
5,269,090
5,033,779
5,167,749
3,738,981
other short term finances
hp & lease commitments
other current liabilities
229,710
228,138
46,469
47,390
28,520
23,880
28,983
39,395
25,922
total current liabilities
7,058,958
7,206,357
6,340,757
5,834,133
5,640,580
5,336,176
5,183,634
5,267,788
3,813,418
135,360
94,773
161,645
199,651
115,461
66,419
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
723
3,123
5,523
3,440,884
3,343,441
3,355,523
2,573,222
1,973,523
1,192,135
provisions
total long term liabilities
723
3,123
5,523
3,440,884
3,343,441
3,355,523
2,573,222
1,973,523
1,192,135
total liabilities
7,058,958
7,206,357
6,340,757
5,834,133
5,640,580
5,336,176
5,184,357
5,270,911
3,818,941
3,576,244
3,438,214
3,517,168
2,772,873
2,088,984
1,258,554
net assets
-4,894,712
-4,979,575
-4,690,591
-4,513,421
-4,439,205
-4,049,219
-3,849,613
-4,091,202
-2,940,675
-2,645,985
-2,495,915
-2,584,655
-2,012,846
-1,355,286
-734,037
total shareholders funds
-4,894,712
-4,979,575
-4,690,591
-4,513,421
-4,439,205
-4,049,219
-3,849,613
-4,091,202
-2,940,675
-2,645,985
-2,495,915
-2,584,655
-2,012,846
-1,355,286
-734,037
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
111,338
-287,398
-174,942
-72,734
-388,936
-200,038
298,539
-1,149,403
-294,056
-150,182
115,130
-571,902
-657,649
-621,389
-734,097
Depreciation
123,947
84,425
38,201
45,461
50,382
54,811
59,539
54,135
44,584
44,484
55,687
64,318
69,290
26,303
21,451
Amortisation
Tax
-28,288
-56,669
-26,507
Stock
-53,858
355,829
217,986
-8,461
80,719
6,752
25,539
112,289
-48,199
53,581
9,653
156,719
39,059
52,182
269,340
Debtors
-135,862
59,214
116,387
87,812
-93,671
-58,252
107,077
108,508
22,364
-44,615
54,370
8,113
38,364
16,528
69,587
Creditors
66,077
76,414
-136,386
94,133
59,670
-77,666
75,941
18,603
-109,032
40,587
-66,872
-38,006
84,190
49,042
66,419
Accruals and Deferred Income
1,572
181,669
-921
18,870
4,640
-5,103
-10,412
13,473
25,922
Deferred Taxes & Provisions
Cash flow from operations
464,366
-359,933
-608,421
6,379
-261,292
-176,496
234,322
-1,283,989
-306,747
-74,077
13,415
-710,422
-581,592
-614,754
-985,154
Investing Activities
capital expenditure
-246,425
-253,902
-49,591
-34,842
-32,209
-36,196
-80,774
-92,342
-47,664
-4,070
-22,928
-40,801
-47,803
-157,661
-183,599
Change in Investments
cash flow from investments
-246,425
-253,902
-49,591
-34,842
-32,209
-36,196
-80,774
-92,342
-47,664
-4,070
-22,928
-40,801
-47,803
-157,661
-183,599
Financing Activities
Bank loans
Group/Directors Accounts
-222,996
673,811
587,171
111,364
199,746
235,311
-133,970
1,428,768
3,738,981
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-723
-2,400
-2,400
-3,435,361
97,443
-12,082
782,301
599,699
781,388
1,192,135
share issue
1
interest
1,813
-1,586
-2,228
-1,481
-1,050
432
-282
-1,124
-634
112
117
93
89
140
59
cash flow from financing
-221,183
672,225
584,943
109,883
198,696
235,020
-136,652
1,425,244
302,986
97,555
-11,965
782,394
599,788
781,528
1,192,195
cash and cash equivalents
cash
4,706
-7,904
-16,309
50,605
-54,457
22,328
1,184
42,439
-29,238
19,408
-21,478
31,171
-29,607
9,113
23,442
overdraft
7,948
-66,294
56,760
-30,814
40,348
-15,713
-6,474
22,187
change in cash
-3,242
58,390
-73,069
81,419
-94,805
22,328
16,897
48,913
-51,425
19,408
-21,478
31,171
-29,607
9,113
23,442
novaflex limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for novaflex limited. Get real-time insights into novaflex limited's credit score, group structure and payment trends.
Perform a competitor analysis for novaflex limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CH41 area or any other competitors across 12 key performance metrics.
novaflex limited Ownership
NOVAFLEX LIMITED group structure
Novaflex Limited has no subsidiary companies.
Ultimate parent company
Z-FLEX (CANADA) INC
#0033224
1 parent
NOVAFLEX LIMITED
06558300
NOVAFLEX LIMITED Shareholders
The sole shareholder of Novaflex Limited is Z-Flex (Canada) Inc..
z-flex (canada) inc.
100%
novaflex limited directors
Novaflex Limited currently has 2 directors.
The longest serving directors include
Mr Kevin Donnelly (Jul 2008) and
Ms Melinda Donnelly (Jul 2008).
82990 - Other business support service activities n.e.c.
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
Z-FLEX (CANADA) INC
accounts
Small Company
last accounts submitted
January 2024
previous names
brabco 808 limited (June 2008)
accountant
MCEWAN WALLACE BILLINGTON
auditor
-
address
6, abbots quay monks ferry, birkenhead, CH41 5LH
Bank
-
Legal Advisor
-
novaflex limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to novaflex limited.
novaflex limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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novaflex limitedCompanies House Filings - See Documents
